Management focus should be on balancing all the historical information to develop a pragmatic strategy. This challenge quickly becomes non-trivial when dealing with systems with high complexity. What are needed are tools that can identify patterns within data and seek out quickly those parameters which affect the behaviour of systems at a macroscopic level. Management focus should also be on identifying sources of uncertainty in order to mitigate or eliminate them. What are not needed are more models that pretend to predict risk. And of course, some common sense is always helpful.

Ludwig Wittgenstein sustained that “what cannot be debated should not be debated”.

Ontonix say that what cannot be modelled should not be modelled. Otherwise one faces making massive investments with no tangible return. Based on our current understanding of physics and using our contemporary mathematics certain things are “impossible to model”.